Lamar Community College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 136,430 | 116,404 | 20,026 | 22.9 | 0% |
| 2013 | 176,244 | 107,618 | 68,626 | 32.4 | 0% |
| 2014 | 336,998 | 246,003 | 90,995 | 16.2 | 0% |
| 2015 | 377,914 | 227,653 | 150,261 | 25.4 | 0% |
| 2016 | 666,500 | 619,531 | 46,969 | 10.3 | 0% |
| 2017 | 399,180 | 488,246 | −89,066 | 10.8 | 0% |
| 2018 | 268,133 | 220,167 | 47,966 | 26.6 | 0% |
| 2019 | 568,597 | 308,308 | 260,289 | 29.1 | 0% |
| 2020 | 332,731 | 427,241 | −94,510 | 18.4 | 0% |
| 2021 | 514,095 | 340,125 | 173,970 | 29.2 | 0% |
| 2022 | 673,824 | 358,154 | 315,670 | 36.8 | 0% |
| 2023 | 957,821 | 358,082 | 599,739 | 57.4 | 0% |
In its most recent public year (2023), this organization brought in $599,739 more than it spent. Its reserves stood at about 57.4 months of spending, up from 22.9 in 2012. Staff pay was 0% of spending. $1,477,642 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Lamar Community College Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works